ScottishCalvin t1_j0z49pl wrote on December 20, 2022 at 2:20 PM

Reply to comment by Acct_For_Sale in This City may not be “perfect” but it’s perfectly suited for those who love it! by carlosdangertaint

Ask anyone driving the Blue Route or I95 south. Every day, tens of thousands of people drive out of the city to a job 15-20 miles away. In any other city, those jobs would be "downtown" in center city but instead we have prime land being use for parking lots rather than office blocks. As to rules, a culprit is taxing gross rather than net, which means that most financial services are unable to operate unless they're large enough to construct a balance sheet that parks money elsewhere. This is why we have large companies (who also cut tax deals) but the small/startup scene is dead compared to almost any other similarly sized city in the country

Acct_For_Sale t1_j11pb3w wrote on December 21, 2022 at 12:47 AM

I mean like examples of stuff made/companies in Delaware/KOP

ScottishCalvin t1_j12ohun wrote on December 21, 2022 at 5:42 AM

Google can get you that very quickly. Just search "fintech king of prussia" and click on the Map view and see where they are. Note how in New York (or Miami or wherever) those sorts of companies set up in the last decade are based within the city, not. Those are literally 10s of thousands of jobs that should be wanting to move into a skyscraper that could be built on one of the many parking lots that are being turned into mid-size development student housing.

Manufacturing is a similar easy ask: https://www.zippia.com/company/best-manufacturing-companies-in-king-of-prussia-pa/

I speak as a transplant but when I bought a place here, I didn't realise that every single one of my interviews would involve driving 20 miles away. I work in Delaware, for a company whose CEO commutes from here.